Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!

Tranche-doom!IMF says to Greece to not take the tranche because it's a hemlock and will be an obstacle to a new haircut and will lead Greece to further financial doom, IMF says that it will leave the troika if this happens and that will leave Greece depending solely on the Germany moods. [link to translate.google.gr]

Quality of life and wages back to 1990 level in Greece [link to translate.google.gr] So can we stop the crazy austerity now? We got in the euro in 2001, jussayin.

Re: GREECE SITUATION UPDATES: The death of a 19-year-old Greek student has come to symbolize everything that's wrong with austerity!!!

Bloomberg News is reporting that, according to a draft of the long-awaited review by troika lenders of Greece's bailout program, Greece may need an extra 15 billion euros in 2014, plus another 17.6 billion in 2015 and 2016.

The numbers presented in the troika report are provisional estimates.

The troika notes that a 2-year extension of the Greek bailout program would ease the impact of the painful austerity measures currently imposed by the Greek government in compliance with the troika's bailout conditions.

According to the report, the troika believes the Greek bailout program faces "very large risks."